Case Study: How MedStack Helped Benekiva to Leapfrog Enterprise Scrutiny

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Challenge

Founded in 2015, Benekiva is an insurance technology platform that simplifies and speeds up the claims process between insurers, policy holders and beneficiaries.

Benekiva’s biggest hurdle was finding a way to meet the necessary cloud infrastructure and security requirements of the insurance industry. In order to effectively scale, Benekiva would have to regularly undergo intense privacy and security scrutiny as part of their sales process — a costly and time consuming exercise that would divert effort and resources away from other areas of its business.

Benekiva
Benekiva
Policy

With MedStack we have peace of mind when undergoing security audits, knowing that our cloud infrastructure is in good hands.

– Bobbie Shrivastav, Co-Founder and Chief Product Officer, Benekiva

Solution

Benekiva needed a turnkey approach to proving technical compliance requirements were being securely met, managed and maintained on an ongoing basis.

At the core of MedStack’s platform are policies, inheritable attestations and mechanisms to match those policies to any audit or certification process. This out-of-the-box compliance offering allowed Benekiva to quickly and easily acquire and onboard new customers, facilitating rapid expansion of its business.

MedStack’s SOC 2 certification later helped Benekiva to establish their privacy and security posture with its enterprise customers, further propelling its business forward.

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Benekiva is a US-based insurance technology company that simplifies and speeds up the claims process between insurers, policy holders and beneficiaries. In order to effectively scale, it required a turnkey approach to managing the intense privacy and security scrutiny of enterprise stakeholders. MedStack’s out-of-the-box compliance offering paved the way for Benekiva to leapfrog this process and quickly onboard new customers to rapidly expand its business. Complete the form below to download a free copy of this case study now.